Best Travel Insurance in India 2020

Aman Saxena
30.06.20
5 minute read

When you are on a trip and there are any emergencies, accidents, or even loss of luggage or documents, travel insurance can help cover costs incurred. Just like other types of insurance, travel insurance can safeguard you and your family - and in some cases, even provide coverage for business trips or students going abroad. And more than anything, it can give you peace of mind. So let’s take a look at the best travel insurance options in India and see which one can be best to prepare you for your next adventure.

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Table of contents

Bharti AXA Travel Insurance

Bharti AXA travel insurance offers plans that depend on where you are going and the type of traveler you are, and provides coverage for medical expenses up to $200,000 USD, and for burglary at home back in India.

  • Trip cancellation coverage is not available on the lowest plans
  • Does not cover non-allopathic medical treatments
  • There is a senior citizen specific plan and for frequent travelers

Bharti AXA travel insurance offers coverage through different plans for worldwide travel (minus the US/ Canada), worldwide including the US and Canada, Schengen, and Asia. And each destination plan offers tiers that you can choose from. In most cases, the traditional coverage options such as medical expenses, dental, personal accident, trip delay, baggage loss, and more are covered. Although different plans may have differing policies, for instance only travelers up to 60 years can get coverage for Schengen countries. For non-Schengen countries, the max-age is 85 years old. You can also get additional coverage for your home from burglary, fire, legal expenses and under certain conditions, pet care .¹

Bajaj Allianz Travel Insurance

Bajaj Allianz offers 17 different travel insurance plans to choose from that are traveler specific, and with built-in support, you can feel safe as you travel.

  • Awarded best travel insurance by Outlook traveler
  • The easy to use website lets you buy a plan online
  • Bajaj Allianz also offers domestic travel insurance for trips within India

Bajaj Allianz travel insurance offers plans for whether you are an individual, family, or a senior citizen traveling, plus corporate and student plans too. Bajaj Allianz also provides on-call support if you are in trouble during your trip, and has an in-house team to help with claims. The variety of plans provide coverage for medical expenses abroad, loss of baggage or passport, and flight delays to name a few. Plus, trip cancellation coverage for unforeseen issues that don’t allow you to travel. And depending on the plan you choose the coverage can scale up or down. Bajaj Allianz also provides an option for emergency cash advances in the case of an emergency on your trip.²

HDFC ERGO Travel Insurance

HDFC Ergo travel insurance has medical, baggage, and journey coverage in the plans on offer, as well as worldwide, Schengen countries, or Asia-specific plans.

  • HDFC Ergo has travel insurance plans for the individual, family, student, and frequent traveler
  • You can get coverage only for the days you travel
  • No health checkup is necessary to sign up, but pre-existing conditions are not covered

You may be familiar with HDFC Ergo medical insurance, but they can also be an option for travel insurance on your next trip. HDFC Ergo provides plans that cover the type of traveler you are, also with destination-specific options. If you are a frequent traveler you can get an annual multi-trip plan that provides worldwide coverage for up to 45 days per trip. With HDFC Ergo’s plan coverage, you can expect emergency medical expense coverage, disablement or personal accident, loss of check-in baggage, and financial assistance in case of theft. However pre-existing conditions, cosmetic surgeries, occurrences under intoxication, adventure sports, or self-injury are not covered.³

IFFCO Tokio Travel Insurance

IFFCO Tokio’s travel insurance covers the basics of travel, but with fewer customizable options, it can leave travelers wanting additional options and coverage versus other providers.

  • Medical coverage ranges from $50,000 USD to $500,000
  • Travel insurance plans cover the transportation of remains back to India or a local burial
  • The two lowest plans exclude coverage for the US and Canada

IFFCO Tokio travel insurance covers medical expenses, dental treatment, personal accident, personal liability, loss of checked-in baggage or passport, and hijack distress. The coverage comes in the form of 5 plans in total, Bronze, Silver, Gold 100, Gold 250 and Gold 500. All plans cover destinations worldwide, except Bronze and Silver plans do not cover any trips to the US or Canada. And with every plan, except Bronze, you can get a hospital daily allowance as well. However, customized plans and add-ons, such as home burglary coverage when you are abroad, are noticeably absent from IFFCO’s policies.⁴

Aditya Birla Travel Insurance

Aditya Birla travel insurance provides coverage for your standard options for family and individual plans, so if you want more customized benefits and coverage, this may not be the best option.

  • You can’t buy it online and will have to contact them by phone, email or through a 3rd party
  • You will not be covered from any situations that arise in your destination that was known from before the trip
  • Repatriation expenses are covered

Aditya Birla travel insurance provides coverage for hospitalizations and medical expenses, trip delay and cancellations, disablement, personal accident, loss of baggage, and medical emergency assistance. However, if a physician had advised against traveling and you do despite the advice, medical issues that arise during your trip are not covered. And, any issues that arise in the country you are going to that were known in advance, like weather, riots or even rising health issues, and that affects your trip may also not be covered. To get more information or buy an Aditya Birla travel insurance policy you will have to give them a call at 1-800-270-7000.⁵

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When transferring money internationally, think Wise

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Sources used for this article:
  1. Bharti AXA Travel Insurance
  2. Bajaj Allianz Travel Insurance
  3. HDFC Ergo Travel Insurance
  4. IFFCO Tokio Travel Insurance
  5. Aditya Birla Travel Insurance

All sources checked as of 29 June, 2020


This publication is provided for general information purposes only and is not intended to cover every aspect of the topics with which it deals. It is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content in this publication. The information in this publication does not constitute legal, tax or other professional advice from TransferWise Limited or its affiliates. Prior results do not guarantee a similar outcome. We make no representations, warranties or guarantees, whether express or implied, that the content in the publication is accurate, complete or up to date.

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